Rio Tinto adds time and money to Jadar lithium-borates project
Published: Wednesday, 24 February 2016
Company allocates $20m to fund lithium project PFS; Serbia more attractive to FDI after legal reform.
Rio Tinto Minerals, the non-metallic division of
Anglo-Australian mining behemoth, Rio Tinto Plc, has secured a
licencing agreement and committed funding necessary to complete
a prefeasibility study (PFS) at its Jadar lithium-borates
project in Serbia by the end of 2017.
More than $20m will be invested in the project